Never had a pension. So years ago I made some preparations on my own to hopefully be able to eat at least twice a day after the days of employment ended.Most folks take their distributions late in the year, especially since this year has seen rather steady rises in the investment indexes. Those over 70 1/2 must take distributions of the proper amounts or face severe financial penalties. In addition to the tax consequences of the timing of the distribution(s), mutual funds have dates when they distribute their dividends and capital gains. It is highly advisable to determine those dates before specifying the date you wish to take your distribution. My advice is to take your distribution after the dividends and capital gains have been credited to your account. If you do not know those dates, call and ask them. Could mean more money left in your account after the required minimum distribution. Hey, more money means more Cub stuff for you!